Tuesday, April 23, 2024
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Bitcoin drops with stocks as analyst warns of banking crisis ‘endgame’

Bitcoin (BTC) slid below $29,000 around the May 4 Wall Street open as United States equities showed jitters over the resurgent banking crisis.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"Too much all at once" for U.S. banksData from Cointelegraph Markets Pro and TradingView showed BTC/USD losing ground as the S&P 500

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Crypto Lending Platform MakerDAO Approves ‘Constitution,’ Moves Forward with Major Overhaul called ‘Endgame’ Plan

“While there are plenty of imperfections in the Endgame reforms and the constitutional processes, we are better off uniting around the clean slate those reforms provide and working to make the new Maker as dynamic and successful as possible,” delegate platform Frontier Research posted on Maker’s governance forum. Original Source

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zkEVM could be the endgame for blockchain infrastructure

Very few projects have come close to matching the security and decentralization of the Ethereum network. However, the inherent overhead of maintaining these two critical features has left Ethereum burdened by low throughput and prohibitively high costs. As a result, alternative layer-1 blockchains (L1s) — which normally sacrifice security and

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MakerDAO Members Support Founder’s ‘Endgame’ Plan to Break Up into MetaDAOs, $2.1B of Transfers

MakerDAO is one of the first and largest decentralized lending protocols, often tagged as the central bank of crypto. It also issues the $6 billion stablecoin DAI, whose value is backed by some $8 billion assets in its reserve. The protocol is governed by a decentralized autonomous organization (DAO), where

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Maker founder proposes endgame, Singapore explores DeFi and more

The past week in the decentralized finance (DeFi) ecosystem saw many new developments, including the rebirth of the Terra 2.0 blockchain. Meanwhile, Binance’s incubation platform Binance Labs launched a $500 million fund to support and promote Web3 adoption.Singapore’s central bank partnered with JP Morgan to explore DeFi applications in wholesale

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